Chinese technology company Xiaomi said on Tuesday it had officially started deliveries of the new standard edition of its YU7 sport utility vehicle in China, as the company intensifies competition with Tesla and its Model Y crossover.
The YU7 standard edition starts at 233,500 yuan ($34,410), below the starting price of Tesla’s Model Y in China, which begins at 263,500 yuan.
Xiaomi’s electric vehicle division, Xiaomi EV, said the model retains the YU7 family design while offering long driving range, fast charging capability and advanced driver assistance hardware.
According to Xiaomi EV, buyers selecting in-stock versions of the YU7 can receive deliveries in as little as two hours due to the company’s current delivery capacity.
Customers placing orders for the YU7 standard edition before June 30, 2026, will also receive access to a five-year low-interest financing programme and free lifetime use of Xiaomi’s HAD (Hyper Autonomous Driving) system.
Lei Jun, founder, chairman and chief executive officer of Xiaomi, said during a launch event last week that the company had originally planned the model several years ago before canceling it shortly before release.
Lei said abandoning the original version “was a mistake” and noted that the relaunched edition had initially been planned three years earlier.
He added that the latest YU7 variant is intended to compete more directly with Tesla’s Model Y in the Chinese market.
The previous YU7 standard edition has now been renamed the YU7 long-range edition, while retaining its starting price of 253,500 yuan, Xiaomi said.
The new YU7 standard edition is equipped with a 73.0-kilowatt-hour lithium iron phosphate battery and offers a CLTC-rated driving range of 643 kilometres. Xiaomi said the battery can charge from 10% to 80% in approximately 20 minutes.
The vehicle uses Xiaomi’s V6s Plus rear-mounted single motor system, enabling acceleration from 0 to 100 kilometres per hour in 5.9 seconds.
Xiaomi said the model includes high-specification driver assistance hardware as standard, including LiDAR, 4D millimetre-wave radar and Nvidia Thor computing chips capable of 700 TOPS of processing performance.
By comparison, Tesla’s entry-level rear-wheel-drive Model Y in China uses a 62.5-kWh battery pack and provides a CLTC range of 593 kilometres.
Xiaomi launched the YU7 in June last year. The company said cumulative deliveries of the model reached 232,000 units by April 30, 2026, within 10 months of launch.